Overcast in Returns Inward Journal

by Claitos
(Idutywa, South Africa)



Q: The accountant of Golly Ltd ascertained that the returns inwards journal had been overcast by R100. Which ledger account will be affected by this error?


A:
Sales Returns. And the Debtors account.



Click here to post comments

Return to Ask a Question About This Lesson!.






Enjoying this Website?
Help Support it with a Donation

OR...





Advertise on Accounting-Basics-for-Students.com

Search this website:




All the lessons on this site and much, much more...

Accounting Basics: Complete Guide

Available Now On


Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by


Subscribe to
The Student Accountant newsletter

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you The Student Accountant.